Causeway Bay

New Business

New entrants steady Hong Kong retail property sector in absence of luxury giants

Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February.…

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New Business

McDonald’s cooks up fat profit in US$9.3 million Hong Kong property sale

McDonald’s sold a property in Kowloon for HK$72.4 million (US$9.3 million), as the Chicago-based fast-food giant reached HK$333 million in…

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New Business

HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong…

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New Business

‘Out of ICU’: Hong Kong’s third-quarter commercial property deals triple to US$4.9 billion

Investment in Hong Kong’s commercial property more than tripled in the third quarter from a year earlier, making it the…

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New Business

Hong Kong’s Central prime office rents rise for the first time in more than 3 years

Prime office rents in Hong Kong’s Central business district rose modestly in November – the first time in three and…

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New Business

Hong Kong talent scheme: They came for jobs. Will they stay to buy homes?

In a spacious three-storey village house in Sai Kung on a recent sunny Saturday, Chen Wei and his family were…

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New Business

Hong Kong’s Tsim Sha Tsui holds ground as world’s fourth priciest shopping district

Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot…

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New Business

McDonald’s Hong Kong shops sell like hotcakes as two properties go for US$23.5 million

Two McDonald’s shops in Hong Kong were sold to the same buyer for HK$183 million (US$23.5 million) on Monday, marking…

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New Business

From record rent to retreat: Hong Kong’s currency exchange shops have become a dying breed

Currency exchange shops, once a ubiquitous feature of Hong Kong’s retail landscape, are in a gradual, irreversible decline, with their…

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New Business

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s…

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